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Land For Sale at Acreage Route 17 Albion in Albion, Prince Edward Island

4 Sale ID #92910
Updated 03 May 2024

Asking Price

$150,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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Lot Size

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Building Size

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Premise Summary

This is an amazing waterfront property with over 300 feet of water-frontage with a beautiful small cabin on the water. Only 10 minutes from the town of Montague and 40 minutes to the city of Charlottetown. If you are looking for peace, privacy, and recreation, this is well worth a look! No PCDS, property sold 'as is where is'. (id:39198)

  • MLS® : #202216824
  • Date Listed : 12 Jul 2022

Location

Province

Prince Edward Island

City

Albion

Address

Acreage Route 17 Albion

Postal Code

C0A1R0

Location Highlights

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Listed by

ROYAL LEPAGE PRINCE EDWARD REALTY Prince Edward Island listing

Category

land

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

0

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$150,000

Asking Price

$150,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

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Gross Revenue- annual

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Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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